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Bullboard - Stock Discussion Forum Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles,... see more

TSXV:NGC - Post Discussion

View:
Post by woundedknee on Sep 09, 2024 7:29pm

ngc

So is it unrealistic that this could be a double or triple from here.? Would one dare to put new money in down here?

Comment by youknowwhat on Sep 09, 2024 8:00pm
 New money not a chance. They need to deal with the lender Sprott as they have broken covenants. They would need to get a complete new management team and a new board. Anyone who throws money at this be aware. YOU ARE THOWING YOUR GOOD MONEY AFTER MY BAD MONEY. and I do not intend to throw any of my good money after my bad money. YOUR WELCOME
Comment by 1student on Sep 10, 2024 12:23am
youknowwhat, A completely new management team and a new board of directors is likely not what "Sprott" has in mind. Northern Graphite Corporation officers and directors have outlived their  usefulness. That $400,000.00 the province of Quebec provided for the drilling program was probably the province of Quebec essentially paying for the LDI mining license. Mark my words, that is ...more  
Comment by woundedknee on Sep 10, 2024 9:21am
Thanks for your incite. So you and I have bad money here, so why not average down? I don't believe they will let this company go tees up. jmo
Comment by youknowwhat on Sep 10, 2024 9:52am
Best of luck to you.
Comment by woundedknee on Sep 10, 2024 10:36am
Comment by nicareal on Sep 10, 2024 2:09pm
Northvolt slowing down / with lay offs      https://financialpost.com/financial-times/northvolt-delay-canada-ev-factory-cut-jobs
Comment by woundedknee on Sep 11, 2024 9:20am
More than a chill. I often wondered what the trade-in value would be on a used EV. The "green new deal", one of another government scams to grab tax payer dollars.
Comment by 1student on Sep 09, 2024 11:39pm
woundedknee, As youknowwhat also indicated for you, "Sprott" is likely to call it's primary creditor marker here with NGC. Covenants have been broken and there is little time before "Sprott" has these puppets here milking dry NGC taking the company into CCAA proceedings. Why else do you expect the NGC.V share price is at $0.055. Unfrotunately, I managed to call each and ...more  
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